Is the economy supposed to be a political tools?

[mariah.sadio]

Economy always was a sort of political tool. Big countries could affter small countries in a lot of ways

[AniviaBtc]

i think so, this economic condition just to be political tools

There are a lot of politicians who are helping a lot of people during this pandemic but when this pandemic doesn't exist yet, they are just making money out of their political platforms. But most of the politicians here in our country are very corrupt that's why our country is not that really developing compared to other countries out there who have a responsible government.

It is hard to find a trustworthy and responsible government officials because once they are elected, they are not doing what they should do. They are not serving the country with all of their might and they are just sitting in their houses and waiting for their salary to come.

Hoping that in this pandemic, we can recover from economic crisis and the government officials should focus on that and not on their own benefits.

[iv4n]

i think so, this economic condition just to be political tools

There are a lot of politicians who are helping a lot of people during this pandemic but when this pandemic doesn't exist yet, they are just making money out of their political platforms. But most of the politicians here in our country are very corrupt that's why our country is not that really developing compared to other countries out there who have a responsible government.

It is hard to find a trustworthy and responsible government officials because once they are elected, they are not doing what they should do. They are not serving the country with all of their might and they are just sitting in their houses and waiting for their salary to come.

Hoping that in this pandemic, we can recover from economic crisis and the government officials should focus on that and not on their own benefits.

I think we didn't see crisis in full swing yet, this is just the beginning, sadly! This ship is sinking, and many people face with all kind of problems, and most of them are connected with the lockdown, news about viruses, that affects everyone! Small and medium businesses are ruined, and we don't see that yet, they are holding on some governments help, but for how long that can last when money is not coming? Tourism?! This year many countries that rely on money from that will not get it, they are stuck! And do you know how many people will be hurt by that?

After all that news are not getting better! More cases, more deaths, new lockdowns, new restrictions... In some moments I really don't know what we can expect to happen next!?

[TEX-LXRY]

Of course it is from the start.

It has a great impact on economy without politics we can lose our economy.

TEX-LXRY

[bits4books]

Can you give at least one example of an economy that exists outside of States and different policies? If not then you should understand that economy is part of the state, i.e political tool

[el kaka22]

Due to the weak system of government political leaders have intervened and almost everything is now corrupt The country's economy is being hampered by politics. The intervention of political leaders has led to inflation in the country which is most effective in destroying the economy However, the country's economy will not be hampered if it is run in a decentralized manner without a central system to improve the economy In this case there will be no political interference.

Well, in some sense, everything is a political tool. If two political parties are arguing over or even two political party supporters are arguing, we can say that everything could be an argument topic. You can talk about the most silliest things about how there used to be less people in the world and population was caused by the political decisions governments made, or you can go into more in-depth economical proof that the country is doing much worse.

None of this makes sense because in the end politicians are mostly elected, which means that if you are elected and if you are ruling that nation, you could basically find a way to get what you want done one way or another, if the people love you enough to elect you, maybe they would vote for your decision on a referendum as well so basically everything could be done.

[Alert31]

I still find it hard to wrap my head over the fact that most economist analyst is aware that continuous printing of money is deterrent to the economy and quality of life in the long-run, but still, the government keeps issuing endless bills. It's not my desire to politicize my views but ideally, economists should run most of the economic policies but it seems the economist is only a remote control tool used by the government to achieve political interest.

It seems the world now runs policies for immediate gains while trashing policies that bring future gains. Maybe I am having a distorted view, but looking at most government policies around the world, even a non-economist can tell that this will be disastrous in the future.

Maybe it could be a political tools that's corruption always present everywhere in different sectors of government. But  I think the Central banks has a limited number of money to be imprinted in every time that there is a change of leadership. Because if they imprinted more bills ,it's value will decrease. There is a limit and also imprinting of bills are expensive.

[coolcoinz]

If you look at central banks and their policies, they are supposed to be independent and their decisions should be disconnected from politics. This was made for a simple reason, politics can try to take advantage of these policies to get advantages which will destabilize the economy in the long term. In this frame, the government can only make decisions regarding the management and allocation of resources it already owns.

What should be is very rarely the case in any country. Politicians should be uncorruptible, judges should be fair, and so on. You're lucky if the majority is like that but there are always exceptions. Even in the US you had Clinton and then his wife, both impressive liars and confabulators. You had Bush who started a war with Saddam over nuclear weapons that never existed. Governments are corrupt everywhere, deal with it.
They print money because for them it doesn't really matter what will happen in 50 years. They'll be long dead by then. It's here and now that matters.

[bitbunnny]

Economy and politics have always be connected and they can't function one without the other. And yes, politicans have always used economy as a tool to achieve their goals, with more or less success.
It's always the government that sets up economy policies and I don't know that any country is functioning different. There isn't a way that economy could be split from governments and politics and citizens have no other choice than to obey rules they set.

[South Park]

The large majority of the world's economists share your view on this and they warned governments about the future impact of this "toilet paper" money printing policies. The debt incurred will not even be settled in 2 or 3 generations from now and our children's children will be stuck with the debt we are creating now. 

I think many of these politicians just do this to manipulate their voters into voting for them by creating a "fake" sense of well being and security to hide the real dragon that will feast on the generations to come. (Most of these politicians will be dead by them, so they do not care about this or the legacy that they leave behind.)   

That is one of the reasons why they do not care but another one is simply they have used their political power to get economic power and for the most part they not only have fiat in store but several other assets that will resist the hyperinflation that is coming, they have precious metals, real estate, works of art and maybe some of them are even holding bitcoin, as such they do not care if the economy crash tomorrow as they have the means to keep themselves safe and even profit from such a crisis.

[Harlot]

The large majority of the world's economists share your view on this and they warned governments about the future impact of this "toilet paper" money printing policies. The debt incurred will not even be settled in 2 or 3 generations from now and our children's children will be stuck with the debt we are creating now. 

I think many of these politicians just do this to manipulate their voters into voting for them by creating a "fake" sense of well being and security to hide the real dragon that will feast on the generations to come. (Most of these politicians will be dead by them, so they do not care about this or the legacy that they leave behind.)   

That is one of the reasons why they do not care but another one is simply they have used their political power to get economic power and for the most part they not only have fiat in store but several other assets that will resist the hyperinflation that is coming, they have precious metals, real estate, works of art and maybe some of them are even holding bitcoin, as such they do not care if the economy crash tomorrow as they have the means to keep themselves safe and even profit from such a crisis.

Contrary to popular belief printing money doesn't really mean that the government is just devaluing their own fiat currency, there are just instances where some governments overprint their money to the point it results into hyperinflation. Our central banks also have their job to know what is sufficient money to be printed that can cover the demand at the same time have a healthy inflation but if they do something wrong about this they it may result to hyperinflation or even deflation. Printing money isn't really the problem here overprinting and underprinting is the problem that is see that can greatly affect the economy.

[tbterryboy]

It's always the government that sets up economy policies and I don't know that any country is functioning different. There isn't a way that economy could be split from governments and politics and citizens have no other choice than to obey rules they set.

I guess it is as perfect as how it should be. I mean when governments are the one who create needed setup like industries and making policies to allow import/export which are the basis for building economy stronger then they definitely will make use of those things again to make them stronger so that they will retain power to rule again and again. I mean governments may use economy as a tool for making themselves powerful which in turn may get people to find methods for their survival.

When governments derive path for better economy of their country which usually impact their every citizen. When their policy helps their each and every people to get better in their life which will obviously help their nation to be stronger. So, I guess governments may use economy as a political tool when it leads to win-win scenario for all of us including government.